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Now, electricity consumers entitled to interest on LECO deposits

Now, electricity consumers entitled to interest on LECO deposits
island.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from island.lk Daily Mail and Mail on Sunday newspapers.

Sri Lanka , Janaka Ratnayake , Gotabhaya Rajapaksa , Rathindra Kuruwita , National Vocational Qualification , Lanka Electricity Company Private Limited , Lanka Electricity Pvt Ltd , Public Utilities Commission Of Sri Lanka , National Electrician Licensing Scheme , Ministry Of Energy , Public Utilities Commission , Electricity Utility Provider , Interest Payment , Electricity Security Deposits , Sri Lanka Electricity Act , Electricity Consumers , Sri Lanka Electricity , His Excellency , President Gotabhaya , ஸ்ரீ லங்கா , தேசிய தொழில் தகுதி , லங்கா மின்சாரம் நிறுவனம் ப்ரைவேட் வரையறுக்கப்பட்டவை , லங்கா மின்சாரம் பிரைவேட் லிமிடெட் , பொது பயன்பாடுகள் தரகு ஆஃப் ஸ்ரீ லங்கா , தேசிய எலக்ட்ரீஷியன் உரிமம் திட்டம் , அமைச்சகம் ஆஃப் ஆற்றல் ,

LECO consumers to get interest for security deposits of electricity

The Public Utilities Commission of Sri Lanka (PUCSL), the electricity sector regulator together with Lanka Electricity Company Private Limited (LECO) yesterday launched an interest pay scheme for security deposits of electricity for LECO consumers at the BMICH.
Payment of interest on electricity consumer deposits is a benefit provided to the consumer under Section 28 of the Sri Lanka Electricity Act. Accordingly, electricity utility service providers have to pay interest to electricity consumers for the electricity deposit. PUCSL has the authority to decide the interest rate that to be paid to the consumers and the PUCSL declared that the interest rate for this year would be 8.68 per cent. The interest rate changes annually. ....

Sri Lanka , Janaka Ratnayake , Lanka Electricity Company Private Limited , Public Utilities Commission Of Sri Lanka , Public Utilities Commission , Sri Lanka Electricity , Electricity Consumers , ஸ்ரீ லங்கா , லங்கா மின்சாரம் நிறுவனம் ப்ரைவேட் வரையறுக்கப்பட்டவை , பொது பயன்பாடுகள் தரகு ஆஃப் ஸ்ரீ லங்கா , பொது பயன்பாடுகள் தரகு , ஸ்ரீ லங்கா மின்சாரம் , மின்சாரம் நுகர்வோர் ,

PUCSL saved Rs. 571 b by rejecting emergency power purchases: Union

Gives detailed list of rejected power proposals and breakdown of funds saved since 2016
Says some proposals were in contravention of Electricity Act or did not adhere to least cost principle
At least two proposals were to run for 10 years, including for diesel power and barge mounted plants
The Employees Union of the Public Utilities Commission of Sri Lanka (PUCSL) yesterday said the power regulator has saved Rs. 571 billion of public funds over the last four years by not approving unnecessary emergency power and non-long-term power purchases, including Rs. 121 billion in 2019.
Issuing a press release, the union pointed out that from 2016-2020, the Commission received 16 proposals seeking approval for the purchases of 1,841 MW of emergency and non-long-term electricity. ....

Sri Lanka , Electricity Act , Employees Union , Public Utilities Commission , Ceylon Electricity Board , Power Purchase Agreement , Power Plant , Sri Lanka Electricity Act , Emergency Power , Sri Lanka Electricity , Request For Proposal , Barge Power Plant , ஸ்ரீ லங்கா , மின்சாரம் நாடகம் , ஊழியர்கள் தொழிற்சங்கம் , பொது பயன்பாடுகள் தரகு , சிஇஒய்எல்ஓஎன் மின்சாரம் பலகை , பவர் ஆலை , ஸ்ரீ லங்கா மின்சாரம் நாடகம் , அவசரம் பவர் , ஸ்ரீ லங்கா மின்சாரம் , கோரிக்கை க்கு ப்ரபோஸல் , புர்ஜ் பவர் ஆலை ,

More on inconsistencies and conflicts among Acts

More on inconsistencies and conflicts among Acts
island.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from island.lk Daily Mail and Mail on Sunday newspapers.

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